News

Saudi Arabia, the world’s biggest oil exporter, shipped the least crude in almost three years in May as domestic refineries processed record amounts and

Aberdeen-based drilling contractor KCA Deutag announced today their jack-up rig Ben Rinnes has been awarded a two-year, $170 million contract by Sonangol

Apparently the house doesn't always

The Malaysian Ministry of Defence has finalized new building plans today for six Second Generation Patrol Vessels with Littoral Combat Ship (LCS) capability

Samsung Heavy Industries announced today in an exchange filing the winning of a 6-ship LNG carrier newbuild order for a total consideration of KRW 740.7

Israel's biggest shipping firm Zim said it completed a more than $3 billion debt restructuring that will allow the company to capitalise on the recovery in

Shortly after 10 p.m. on Monday, July 14th, the Prince Rupert Port Authority reports the 228-meter, 81,887 ton dwt bulk carrier Amakusa Island had run aground

The U.S. Senate has confirmed Paul “Chip” Jaenichen as Maritime Administrator of the U.S. Maritime Administration. Jaenichen has been with MARAD since July

Water samples taken in and around the refloated Costa Concordia shipwreck have shown no signs crtical levels of pollution, project officials confirmed

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their

Following an RFP last December, BC Ferries awarded Gdansk-based shipyard Remontowa Shipbuilding a $165 million contract earlier this month to build three

Latest: USCG Rescues 118 From Stranded Casino Ship – Photos Update: All passengers have been transferred off the vessel according the U.S. Coast Guard

PACC Offshore Services Holdings Ltd (POSH), Asia’s largest operator of offshore supply vessels announced today that Mexican conglomerate Grupo Pegaso

By Lynn Doan July 16 (Bloomberg) — A four-decade-old ban on crude exports from the U.S. will survive another year, the chairman of the U.S. House’s

By John Ruwitch and Nguyen Phuong Linh SHANGHAI/HANOI, July 16 (Reuters) – A Chinese oil rig has finished drilling near the disputed Paracel islands in

U.S. military operations now increasingly begin and end at sea - aboard a growing fleet of vessels that the Pentagon has specifically outfitted as floating

A North Korean cargo ship has run aground in the Gulf of Mexico after sailing from Cuba, according to

Here is some underwater footage filmed from beneath the Costa Concordia on July 15, one day after the initial refloat of the

Work at the Costa Concordia wreck site in Giglio continued overnight Monday and throughout the day Tuesday following Monday's successful initial

Windsor Petroleum Transport Corp (WPT), a Bermuda-based company that falls underneath International Tankers Corp and is 82.5 percent owned by Frontline Tankers